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- nihon.john replied Jul 16, 2009
LOL I know what you mean. The toughest part of trading for me isn't money management or technicals, it's the schedule...and the patience, I feel like a monk or something, sitting quietly meditating on candles hours on end. Probably we won't see a ...
Cable Update (GBPUSD)
- nihon.john replied Jul 16, 2009
Hey Chris, How's it going? Man, you're up early! what is it, 4am over there?
Cable Update (GBPUSD)
- nihon.john replied Jul 16, 2009
looks like we're going to test the ltl again. the DAAX is leaning bearish. If it breaks 4900 we may go south with it.
Cable Update (GBPUSD)
- nihon.john replied Jul 16, 2009
Nice to meet you. and thanks for the advice. I'm of the same mind about people putting their own hard work in. The only people who get free lunch are my kids. lol Where in India do you live? I've been there many times, mostly in Bangalore, Pune, and ...
Cable Update (GBPUSD)
- nihon.john replied Jul 15, 2009
Thanks Caroline. It's nice to meet you. I came from a very different discipline into this, so the learning curve was pretty high. I have a lot of respect for people who are successful in FX. You must be quite good having done this for 10 years. I ...
Cable Update (GBPUSD)
- nihon.john replied Jul 15, 2009
hi — agree. But I was feeling risk adverse and closed my longs so am done for the evening. the dragon hit 154 and we made it past 6430. (my upside down fib line). btw, thanks forexlion for the help with my chart this morning. I was caught up ...
Cable Update (GBPUSD)
- nihon.john replied Jul 15, 2009
I understand what you're saying. Everyone's different. Personally, I didn't feel qualified to join the discussion before now. I've only been trading FX full time for 5 months. (this is my sole means of income, not a hobby) It was important for me to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- nihon.john replied Jul 15, 2009
The stats work the same in the US. They base the figure on benefits claims, Once benefits expire, those people are no longer counted either. Well said. I think a lot of decent traders are put off by the recent lack of professionalism here. I used to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- nihon.john replied Jul 14, 2009
Thanks. I know the fib is upside down. I usually set mine this way for profit targets in the trend direction. Force of habit. The 50% is same and 61.8-38.2 are interchangeable.
Cable Update (GBPUSD)
- nihon.john replied Jul 14, 2009
long view — There's nothing to support a drop to .6000 at this point. Unless we break 6280. Still waiting to see if we break .6350 on the up side. (same story, different day.) The market sentiment and technicals are leaning bullish. Nikkei is ...
Cable Update (GBPUSD)
- nihon.john replied Jul 13, 2009
tiny chart — here's a nice little nikkei chart that you can detach from the page. I like it because it doesn't take up too much real estate on my laptop.
In the options tab tick off Rfi and it will display properly. url Cable Update (GBPUSD)
- nihon.john replied Jul 13, 2009
In the broader picture, the 50% retracement of 1.7340 is still viable before the major move down. This may sound a bit crazy, but it's been an invested target for 5 months, so the preferred inspiration of the market. If support holds at 1.600, which ...
Cable Update (GBPUSD)
- nihon.john replied Jul 13, 2009
As long as the DJ is ranging above 8200, the GU won't drop in this session. Some decent long scalps in the 6150 - 6200 range.
Cable Update (GBPUSD)
- nihon.john replied Jul 10, 2009
Data feed question — hi Shamus, I've been studying VSA and have a question I hope you or the members on your forum can help me with. A gray area for me is data feed. Since the feed for volume information is critical to properly use the system, ...
Trade Using VSA (Volume Spread Analysis)